Cullumber Company reported the following information for 2020: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $385900. For 2020, Cullumber would report comprehensive income of O $85600. O $460600. $471500. $2410000 4 1751000 284000 85600 10900
Cullumber Company reported the following information for 2020: Sales revenue Cost of goods sold Operating expenses Unrealized holding gain on available-for-sale securities Cash dividends received on the securities $385900. For 2020, Cullumber would report comprehensive income of O $85600. O $460600. $471500. $2410000 4 1751000 284000 85600 10900
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Cullumber Company reported the following information for 2020:
Sales revenue
Cost of goods sold
Operating expenses
Unrealized holding gain on available-for-sale securities
Cash dividends received on the securities
$2410000
$385900.
$85600.
$460600.
$471500.
1751000
For 2020, Cullumber would report comprehensive income of
284000
85600
10900
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